South Africa - Broadband Infraco reports ZAR 207 mln FY loss.

South Africa's state-owned broadband capacity supplier Broadband Infraco made a ZAR 207 million loss in the financial year to March 2011, and turnover fell 8 percent to ZAR 297 million, as broadband prices declined and maintenance and outsourcing costs increased. Capital expenditure increased by 119 percent to ZAR 536.7 million. It launched five new open-access long distance points of presence (PoPs), in KwaZulu-Natal, the Western Cape and Gauteng metropolitan areas, and expanded its fibre-optic cable footprint to 13,250 km. Acting CEO Andrew Shaw said that the company had plans to establish another 37 PoPs, largely in less well serviced areas of the country. He also gave guidance that …